2011 US Code
Title 12 - Banks and Banking
Chapter 23 - FARM CREDIT SYSTEM (§§ 2001 - 2279cc)
Subchapter VII - RESTRUCTURING OF SYSTEM INSTITUTIONS (§§ 2279a - 2279g)
Part A - Merger of Banks Within a District (§§ 2279a - 2279a-5)
Section 2279a-2 - Powers of merged banks
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 23 - FARM CREDIT SYSTEM SUBCHAPTER VII - RESTRUCTURING OF SYSTEM INSTITUTIONS Part A - Merger of Banks Within a District Sec. 2279a-2 - Powers of merged banks |
| Contains | section 2279a-2 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 92-181, title VII, §7.2, as added Pub. L. 100-233, title IV, §416, Jan. 6, 1988, 101 Stat. 1645. |
| Statutes at Large Reference | 101 Stat. 1645 |
| Public Law References | Public Law 92-181, Public Law 100-233 |
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Except as otherwise provided in this subchapter, a merged bank shall have all of the powers granted to, and shall be subject to all of the obligations imposed on, any of the constituent entities of the merged bank.
(b) RegulationsThe Farm Credit Administration shall issue regulations that establish the manner in which the powers and obligations of the banks that form the merged bank are consolidated, and to the extent necessary, reconciled in the merged bank.
(Pub. L. 92–181, title VII, §7.2, as added Pub. L. 100–233, title IV, §416, Jan. 6, 1988, 101 Stat. 1645.)
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